“Smart spending”
Monterey Herald – May 5, 2024
In response to Friday’s commentary by Dan Walters entitled “Lagging revenue drives budget deficit,” excuse me but overspending drives budget deficit or living outside your means drives budget deficit.
To say “lagging revenue drives” the deficit would be like a family paying a $3,500 a month mortgage, going out and purchasing a new jacuzzi, a new $125,000 truck, and their child decides to go to an Ivy League school, eating out at Paris Bakery regularly, all while on a family income of $125,000 a year.
It’s not the lagging revenue driving the deficit – it’s spending more than you make.
— Jim Clark, Del Rey Oaks